CO_0156 (CDQ)

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DataModel:CDQ/Business Partner/Legal Form/CO 0156
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A technical identifier, unique in a certain context. Technical key CO_0156
Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) CO_0156
The country a linked concept is active or generally relevant for. Country scope CO (Colombia)
Language-specific name. Monolingual name Sociedad de Responsabilidad Limitada (Colombia) (es)
Language-specific main abbreviation. Monolingual main abbreviation Ltda (es)
Abbreviation which is also valid and used in practice. Alternative abbreviation Ltda.
Informal and comprehensive human-readable definition of a concept. Description A limited liability company protects members from business debts beyond their contributions while offering flexible governance and ownership arrangements. In Colombia it is widely used by SMEs seeking asset protection, operational simplicity and credibility under Colombian sociedad de responsabilidad limitada provisions governing domestic commercial enterprises.
Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category De-facto Partnership

Mapped controlled vocabulary terms

Category:ReferenceDataTermTechnical nameData sourceDescriptionParent concept
WX45 (LEI)WX45LEI (data source)Sociedad de Responsabilidad Limitada (Spanish)entityLegalFormCode (LEI)